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Odisha offers best incentive for investors: Naveen Patnaik
Image Cr: Twitter/Naveen Patnaik

Odisha offers best incentive for investors: Naveen Patnaik

| @indiablooms | 18 Oct 2022, 12:31 pm

Hyderabad/IBNS: Inviting investors from Telangana and Andhra Pradesh, Odisha Chief Minister Naveen Patnaik said on Monday evening that his government would provide ‘best incentive’ in the country.

Addressing a ‘Odisha investors meet’ organized by the state government in collaboration with the Federation of India Chambers of Commerce and Industry (FICCI), Naveen Patnaik requested the industry leaders to participate in 'Make in Odisha Conclave' (MIO) to be held in Bhubaneswar from November 30 to Dec 4, and be a partner in its transformational journey of Odisha.

MIO’s aim is to provide a platform for industry leaders from across the world to discuss a roadmap for industrial development in the coming years.

He said, “Odisha is one of the fastest growing economies in India and has consistently grown above the national average in the last decade and a half."

We are fast emerging as a major industrial destination in the country because of our natural resource advantage and strategic location, the CM said.

Odisha’s abundant natural resources, skilled and productive human resources, progressive policies, and strong result-oriented governance provide a unique ecosystem, he said.

Today, Odisha is ranked among the top states in India in terms of live manufacturing investments and has been accorded the achievers status in the recently released ease of doing business ratings by the Government of India, he added.

Through this Conclave we want to build new relationships and strengthen our old relationships with all of you, Patnaik said.

Speaking on the occasion, Odisha state Principal Secretary (Industries) Hemant Sharma, said due to 22 years plus political stability, pro-progressive policies and pro-people governance, the state is witnessing a fast-paced industrial growth.

During the past two years, the state generated Rs four lakh crore investments despite global pandemics, he said.

Odisha is rich in minerals such as iron ore, bauxite, manganese, nickel and coal.

As many as 36 representatives from various sectors from Telangana and Andhra Pradesh states have participated in the meet.

During the discussions, Patnaik highlighted the major pro-business reforms undertaken by his government.

Some of the major investors who met Naveen Patnaik for one-on-one G2B meetings included PricewaterhouseCoopers, Microsoft India, Bharat Biotech, and Deloitte among others.

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